Financial and business news from Bulgaria

European tourism struggles to save summer season after loosening restrictions

There are no tourists in the complexes of Villa Galle (Vila Gale's) now. The company calls from its site - “stay home.”
However, Portugal's second-largest hotel chain reigns liveliness - staff piling up disinfectants, gloves, masks, rearranging tables to have at least a metre and a half between guests, Reuters informed.

It plans to open its doors in June, joining the efforts of the European tourism sector to save as much as possible the summer tourist season after the loosening of measures against the coronavirus, BTA says.

From Portugal to Greece, the beaches are empty. There are no visitors to the Eiffel Tower and at the Louvre, Edinburgh festivals in August have been cancelled, the colourfields of the Netherlands have been closed.

Covid-19 threw into crisis the tourism and transport sector.

International travel is expected to drop 39 percent this year according to consulting company Tourism Iconomix (Tourism Economics). That equates to 577 million fewer trips.

European Commissioner for Internal Market and Services Thierry Breton insists on a “Marshall Plan” to use funds from the huge European economic stimulus package to prevent hotels, restaurants, tour operators and cruise companies from going bankrupt.